Looking at bet today for younger people, there’s hardly anything they can’t use to stake if they fancy the game. Increase in technological development has made it easy for bettors to punt at any convenient time. You can be in a classroom, office or even a public functions and still punt, such is the situation of nowadays compare to the old time which involves salesman hitting the street, moving from door to door collecting coupon from bettors.
What the present generation of bettors punt on his wide and many compare to the old time. The old bettors bet on horse race, football and later hockey. Back them football betting was just a backstreet thing, doggy or by just placing a bet which is between you and a friend. But present generation can even bet on video games that they have never met those playing it before which is called ‘esports’. It will be difficult for the present generation to know about revolutionary of football pools introduced about one hundred years ago because things have changed a lot due to technological advancement.
As widely believed that John Moores was the man who popularized it by the company he co-owned with his friends Colin Askam and Bill Hughes but was invented by a man called John Jervis Barnard from Birmingham. Back then horse racing was the only legal form of betting, football was in its embryonic stage not like the behemoth that it was today. He discovered that his friends have a growing passion for football and bet so he came up with an idea to make money with the opportunity.
He came up with the idea of betting on the outcome of football games and the lucky punters will claim their victory from the pool of money collected, he also set aside 10% of the pool for income and management cost. By the time he was ready to give up his idea; that was when Moore saw the potential in it and take it to Manchester where it was accepted. In Manchester it was established and the company name is called Littlewoods. By time the three friends were working in a post office then, Moore was working as a messenger boy, so they are looking for a way to enrich themselves.
Littlewood’s capital was equally pooled together. Each of them contributes £50 making £150 and it was a huge sum of money then. On the first run, four thousand coupons were printed on a Saturday afternoon in the winter of 1923 and that’s how a football pool was given birth to. From that moment till today Football betting as ever increased to its present 37% of all online bets followed by 22% for horse racing. The English Premier League is the most wagered football league and the most popular in the universe.
Today’s bettors have more open advantages and choice with chances such as cash out policy, online stake, odds bonus .discount on placing a bet, easy access to their betting account etc. The Football betting market is ever increasing as there are sponsors coming in, signing deals with football clubs, merchandise, and regulatory policy and technological incorporation such as VARS, goal-line technology etc.
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